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LOS ANGELES COUNTY NEWS
Archive
1  ...  46  | 47  | 48  | 49  | 50  |  51  | 52  | 53  | 54  | 55  ...  128
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• Century West Partners and Cigna Underway with Santa Monica Mixed-Use Project
10/16/12
A joint venture between Century West Partners and Cigna just broke ground in September on The Gibson, a new mixed-use apartment development in Santa Monica. The project will contain 106 upscale residential units and 10.5k sf ...
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• XAP Relocates in Culver City
10/16/12
XAP Corporation inked a lease for 14.8k sf of space at 100 Corporate Pointe, a three-story, 109.7k sf multi-tenant office building in Culver City. The new space will be used for the company’s headquarters. XAP is relocating...
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• Monem Corp Picks Up Two More LA Apartment Properties
10/16/12
Monem Corporation has acquired two LA-area multifamily properties totaling 30 units for in excess of $5 mil. With these two acquisitions, the company now owns more than 50 multifamily buildings throughout Los Angeles. ...
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• Construction Underway on New $15 Mil Office Building at White Memorial Medical Center
10/12/12
Construction is underway on a new $15 mil, 41k sf medical office building at the White Memorial Medical Center (WMMC) campus in Los Angeles. The concrete structure, which includes three stories of medical office space atop a ...
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• Heger Industrial Awarded Property Management Assignment for the Alameda Trade Center in LA
10/12/12
Heger Industrial was awarded the property management assignment for the Alameda Trade Center (ATC) in downtown Los Angeles. The Alameda Trade Center is an approximately 400k sf industrial project, consisting primarily of food...
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• Historic LA Apartment Property Sells for Over $500k/Unit
10/12/12
The El Royale, an iconic, 56-unit apartment community in Los Angeles, recently traded hands at a price of $29.5 mil, or $526.8k/unit. The in-place cap rate at the time of sale was 3.5 percent. The property was sold by a Los...
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• PwC Signs Long-Term Lease for 135k sf in Downtown LA
10/10/12
Financial consulting giant PricewaterhouseCoopers (PwC US) agreed to a 15-year lease for 135.9k sf of office space at Figueroa at Wilshire, a Class A high-rise located at 601 South Figueroa St in downtown Los Angeles. With th...
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• Garment Industry Firms Ink SoCal Deals with Western States Technologies
10/10/12
Western States Technologies Inc recently signed new leases worth $4.56 mil with two companies in the Southern California garment industry. The tenants, Ultimate Off Price Inc and Benecci Corp, took a combined 63.8k sf of spa...
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• Packaging Company Leases 44k sf Gardena Facility
10/08/12
American Foam and Packaging, a 79-year-old custom fabricator of protective packaging products, has leased a 44k sf industrial facility in Gardena for expansion purposes. The company signed a five-year deal worth $1.1 mil ($0....
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• Capital Foresight Spends $35 Mil on 132-Unit Downtown LA Res Project
10/04/12
Capital Foresight has obtained $23.8 mil in financing for the acquisition of Santa Fe Lofts, a 132-unit live/work building in Downtown LA. Capital Foresight, a privately held real estate company, purchased the asset from a pa...
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• MG Properties Group Spends $91 Mil on Lancaster Multifamily Portfolio
10/03/12
MG Properties Group (MGPG) just closed on the acquisition of a four-property portfolio totaling 1,190 units in Lancaster, CA. The properties – Cordova Park (416 units), Granada Villas (320 units), Sienna Heights (314 units),...
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• Kilroy Continues to Expand Its Portfolio of SoCal Media-Targeted Office properties
10/02/12
Kilroy Realty Corporation has just announced two large Los Angeles office acquisitions, as the West LA-based office REIT continues to boost its portfolio in sync with Southern California’s improving technology, media and ente...
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• Sherman Oaks Apartment Property Rings In at $177k/Unit
10/01/12
A 25-unit apartment property in Sherman Oaks sold for $4.43 mil ($177k/unit). The property is located at 5050 Woodman Ave, just south of Magnolia Blvd and the 101 Fwy. The property has an excellent unit mix of spacious one-,...
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• Owner/User Acquires 13k sf Santa Fe Springs Industrial Property
9/28/12
First Business Machines has acquired a two-building industrial property totaling 12.8k sf in Santa Fe Springs for $1.5 mil. Built in 1987, the property is situated on one-half-acre of land at 13203-13217 Rosecrans Ave, betwee...
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• Target Media Partners Recycles Capitol Records Space in Hollywood
9/27/12
Target Media Partners, the publisher of the venerable Recycler.com classified advertising network, inked a five-year office sublease from Capitol Records for the entire 12.5k sf fourth floor at 1800 North Highland Ave, just s...
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• San Gabriel Valley Shopping Center Fetches Over $15 Mil
9/26/12
San Dimas Station, a 149k sf shopping center in the eastern San Gabriel Valley city of San Dimas, traded hands at a price of $15.75 mil, which works out to $106/sf. It was purchased by a local private investor from a NoCal-ba...
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• VEVO Inks Lease for Playa Vista Creative Space
9/26/12
New York-based VEVO, the number one music platform on the web, inked a lease for approximately 12k sf of high-end creative office space at The Annex, a 117.5k sf creative office building in Playa Vista’s Creative Entertainmen...
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• Sunland Res Development Site Sells for $1.2 Mil
9/25/12
An 18-unit, single-family lot development opportunity in Sunland sold for $1.2 mil or $66.7k/lot. The property is located at 11130 North Oro Vista Ave, at Big Tujunga Canyon Rd and north of the 210 Fwy. The development oppor...
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• Cap Management Systems Takes an Additional 28k sf of Encino Office Space
9/24/12
Cap Management Systems (CMS) signed off on an expansion lease for an additional 28.3k sf of office space in Encino in a transaction that boosts the firm’s total space to 49.7k sf at Encino Terrace Center. The Class A, multi-t...
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• Pinkberry Scoops Up New Corp HQ Space in Santa Monica
9/24/12
Popular yogurt chain Pinkberry Inc will be relocating its corporate HQ space from West Hollywood to Santa Monica after inking a new seven-year lease for 15.3k sf of office space. Pinkberry, one of the world’s fastest growing ...
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